Enbridge Increases Dividend by 15%; Announces 2011 Earnings Guidance

Enbridge Inc. (TSX:ENB,NYSE:ENB) announces a quarterly dividend of $0.49 per common share payable on March 1, 2011 to shareholders of record on February 15, 2011.

The press release is quoted as saying:

The dividend reflects a 15% increase from the Company’s prior quarterly rate of $0.425 per share. Enbridge also announced its 2011 guidance for adjusted operating earnings of $2.75 to $2.95 per share.

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